About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Kaizen Extends ReportShield Service to MiFIR Trade Reporting

Subscribe to our newsletter

Quality assurance provider Kaizen Reporting has branched out to include Markets in Financial Instruments Regulation (MiFIR) reporting in its flagship ReportShield service, which will be led by new hire Chris Machin, the brains behind the London Stock Exchange’s (LSE’s) MiFID II transparency service, TRADEcho.

Kaizen managing director Ian Rennie notes: “With both buy-side and sell-side financial firms turning their attention to the quality of the data published in the real-time reports through Approved Publication Arrangements, trade reporting is an important focus for our clients.”

Under MiFID II, investment firms are required to report on both trades and transactions. Trade reporting improves the near to real-time trade transparency information published to potential investors. Financial details of trades are reported to an Approved Publication Arrangement (APA) for dissemination to the market.

In transaction reporting, trade details must be reported in T+1 to an Approved Reporting Mechanism (ARM) that validates the data before sending the reports to regulators. Kaizen’s ReportShield assurance service provides a set of four controls that test the accuracy and completeness of these regulatory reports.

Machin, who as head of client support for Simplitium was instrumental in developing the APA TRADEcho in partnership with the LSE, brings with him to Kaizen a wealth of experience on regulatory regimes including MiFIR, CSDR, SFTR, MAR, EMIR and Dodd-Frank.

Formerly in global banking and with experience at both UBS and Credit Suisse, Machin’s move to Kaizen adds to the company’s growing list of regulatory experts.  Earlier this year, the regtech firm hired former regulator and EMIR and MiFIR expert David Nowell, along with the former head of the ICMA Taskforce on SFTR, Jonathan Lee.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Strategies and solutions for unlocking value from unstructured data

Unstructured data accounts for a growing proportion of the information that capital markets participants are using in their day-to-day operations. Technology – especially generative artificial intelligence (GenAI) – is enabling organisations to prise crucial insights from sources – such as social media posts, news articles and sustainability and company reports – that were all but...

BLOG

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...